PM Shehbaz Sharif Approves Reforms for Affordable Industrial Power


Prime Minister Shehbaz Sharif has given the green light to reform the National Transmission and Dispatch Company (NTDC) and has established a “special cell” for effective implementation. In a meeting focusing on electricity sector reforms, the PM directed the creation of a comprehensive plan to provide power-efficient fans at affordable rates to those in need. Discussions also delved into issues surrounding power distribution companies, their losses, potential privatization, and outsourcing.

PM Shehbaz emphasized the need for tariff rationalization, particularly for industries and domestic consumers. He urged the preparation of a detailed strategy to supply low-cost electricity to industries, aiming to boost their performance and efficiency, consequently fostering economic growth and enhancing export capabilities.

Additionally, the PM highlighted the government’s dedication to equipping youth with modern knowledge and vocational training, positioning them as valuable assets for national development. Separately, PM Shehbaz met with a delegation led by APM Terminals CEO Keith Svendsen, who expressed interest in Pakistan’s first green transhipment terminal in Karachi.

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